staging
Developers already hosting Tesla suppliers in Mexico
El Economista | March 13, 2023 |

Tesla finally confirmed that it will invest more than 4.5 billion dollars to build the largest automotive assembly plant in Mexico, which will be added to the plants in California, Nevada and Texas, in the United States; Shanghai, in China, and Berlin, Germany.

The "gigafactory" will be located in the industrial submarket of Santa Catarina, in the metropolitan area of Monterrey, Nuevo León, 600 kilometers or, where appropriate, six hours away from Austin, Texas, headquarters of Tesla.

Check here: Tijuana developers concentrate investments in large-volume speculative projects

Currently, two out of 10 of the components of at least one Tesla model are produced in the country and there are more than 100 suppliers of the manufacturer, according to the National Auto Parts Industry (INA).

Since important suppliers of the company have settled in Monterrey in recent years, some industrial developers have begun to benefit, including: Finsa, Roca Desarrollos, Nexxus, Vynmsa and Garza Ponce (GP).

It is worth mentioning that the arrival of Tesla occurs at a historic moment for the industrial real estate market in Monterrey city. According to figures from the Solili platform at the end of 2022, Monterrey managed to lead the national demand with more than 1.8 million square meters of industrial warehouse closures, that is, 35% higher than what was registered during 2021.

Of interest: 42% of the new industrial supply of the two-month period was concentrated in the northern region of the country

This pressure caused construction to grow at a faster rate than that observed in previous months, while vacancy followed a strong downward adjustment and rental prices substituted stability for an increase that reached almost 30% in the last year.

The main developers that benefit from hosting Tesla suppliers are Finsa, Roca Desarrollos, Nexxus, Vymnsa and GP. In the parks of these developers we will find Tesla suppliers such as AGP Glass, IAC Monterrey, FZ Group, Forvia, Noah Itech and Quanta Computer, among suppliers of the Tesla company's production chain.

In Solili you can consult industrial warehouses available in Monterrey, Saltillo and Tijuana

Original note

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